Laser Cutting Machine Market Report: Trends, Forecast and Competitive Analysis to 2030

Laser Cutting Machine Trends and Forecast

The future of the global laser cutting machine market looks promising with opportunities in the automotive, consumer electronic, defense and aerospace, and industrial markets. The global laser cutting machine market is expected to reach an estimated $10.3 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are growing adoption of industry 4.0 technologies like automation, data analytics, and the Internet of Things (IoT) and rising human intervention provided by industry 4.0 solutions to improve the operating cost-efficiency, decrease downtime, and enhance the overall production.

A more than 150-page report is developed to help in your business decisions.

Laser Cutting Machine by Segment

The study includes a forecast for the global laser cutting machine by technology, process, application, and region.

Laser Cutting Machine Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Solid State Lasers
• Gas Lasers
• Semiconductor Lasers

Laser Cutting Machine Market by Process [Shipment Analysis by Value from 2018 to 2030]:

• Fusion Cutting
• Flame Cutting
• Sublimation Cutting

Laser Cutting Machine Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Consumer Electronics
• Defense and Aerospace
• Industrial
• Others

Laser Cutting Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Laser Cutting Machine Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laser cutting machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laser cutting machine companies profiled in this report include-

• Alpha Laser
• Amada Miyachi
• Bystronic
• Dpss Laser
• Epilog Lasers
• Fanuc Corporation
• Ipg Photonics Corporation
• Jenoptik Laser
• Kern Lasers System
• Rofin-Sinar Technologies

Laser Cutting Machine Market Insights

Lucintel forecast that solid state lasers will remain the highest growing segment over the forecast period due to growing usage of these machines in various industries, such as automotive, pharma, and optical sectors for precision cutting.

Within this market, industrial will remain the largest segment due to growing manufacturing ouput across various developing countries.

APAC will remain the largest region over the forecast period due to strong presence of the manufacturing industry along with increasing demand of consumer electronics and automotive industriesin the region.

Features of the Global Laser Cutting Machine Market

Market Size Estimates: Laser cutting machine market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Laser cutting machine market size by various segments, such as by technology, process, application, and region. in terms of value ($B).

Regional Analysis: Laser cutting machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, process, application, and region.s for the laser cutting machine market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laser cutting machine market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the laser cutting machine market size?

Answer: The global laser cutting machine market is expected to reach an estimated $10.3 billion by 2030.

Q.2. What is the growth forecast for laser cutting machine market?

Answer: The global laser cutting machine market is expected to grow with a CAGR of 8.6% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the laser cutting machine market?

Answer: The major drivers for this market are growing adoption of industry 4.0 technologies like automation, data analytics, and the Internet of Things (IoT) and rising human intervention provided by industry 4.0 solutions to improve the operating cost-efficiency, decrease downtime, and enhance the overall production.

Q.4. What are the major segments for laser cutting machine market?

Answer: The future of the laser cutting machine market looks promising with opportunities in the automotive, consumer electronic, defense and aerospace, and industrial markets.

Q.5. Who are the key laser cutting machine market companies?

Answer: Some of the key laser cutting machine companies are as follows:

• Alpha Laser
• Amada Miyachi
• Bystronic
• DPSS Laser
• Epilog Lasers
• Fanuc Corporation
• IPG Photonics Corporation
• Jenoptik Laser
• Kern Lasers System
• Rofin-Sinar Technologies

Q.6. Which laser cutting machine market segment will be the largest in future?

Answer: Lucintel forecast that solid state lasers will remain the highest growing segment over the forecast period due to growing usage of these machines in various industries, such as automotive, pharma, and optical sectors for precision cutting.

Q.7. In laser cutting machine market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to strong presence of the manufacturing industry along with increasing demand of consumer electronics and automotive industriesin the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the laser cutting machine market by technology (solid state lasers, gas lasers, and semiconductor lasers), process (fusion cutting, flame cutting, and sublimation cutting), application (automotive, consumer electronics, defense and aerospace, industrial, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?